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Frequently Asked Questions

I filed an extension for my federal tax return. Can I still apply for financialaid?

Financial Aid: FAQs
Yes. The Free Application for Federal Student Aid (FAFSA) allows you to estimate your federal tax information.
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What return must be filed for franchise tax?

Frequently Asked Questions - Corporation Franchise Tax
For tax years beginning on or after January 1, 2000 for corporate income tax and on or after January 1, 2001 for franchise tax, the franchise tax must be reported with Form MO-1120 or MO-1120S. Schedule MO-FT must be included with either Form MO-1120 or Form MO-1120S. If you are not required to file Form MO-1120 or MO-1120S, you must complete the upper portion of either of these two forms, mark the box "franchise tax only" and then complete Schedule MO-FT.
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How can I get a copy of my federal tax return?

Clayton State University Office of Admissions
If you did not keep a copy of your federal tax returns, instructions on how to obtain a copy from the IRS can be found by clicking here. No. HOPE Grant and HOPE Scholarship will pay the tuition regardless of the number of hours a student is enrolled. HOPE will cover $229 of the fee charges. Pell Grant and other federal grants will be prorated according to Department of Education’s calculation if a student is less than full-time.
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Can a tentative personal property return be filed since I have an extension for Federal taxes?

Frequently Asked Questions
There is no provision in the law for filing a “tentative” personal property tax return. Any return filed without a valid personal property tax extension must be received by April 30th (Form 920 must be accompanied by a payment of at least one-half of the previous year’s taxes). The return will be assessed as a preliminary filing; any future changes will have to be marked as “amended” values.
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Can my state tax return be e-filed with my Federal return at the same time?

Surekha Vaidya, CPA
There are 37 states and the District of Columbia currently participating in the IRS e-file program. Some of these states have returns that can't be filed electronically unless it is with the Federal return. Other states will be filed as independent states - meaning that they can be filed without the Federal return attached to it. The amount owed on back taxes is automatically deducted from your refund. Paper return would be treated the same way.
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AmeriFile - Electronic Filing & Tax Preparation
Probably yes. All states with income taxes except Hawaii and Vermont have e-file programs. Washington DC also offers e-file. For additional information, go to the IRS Web site, www.irs.gov/prod/elec_svs/fed_state.html.
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My parents have not filed their tax return. Can I still complete the FAFSA?

Answers to your Questions About Financial Aid at Michigan Te...
Though it is recommended that you complete the FAFSA with completed tax form information, to meet awarding deadlines you can estimate. Once the tax form is available, you must correct the FAFSA data that is in error. Note that financial aid packages based on estimated FAFSA data may not provide an accurate depiction of your overall eligibility for financial assistance.
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What should I do if I made a mistake on my federal return that I have already filed?

Frequently Asked Questions - 1. IRS Procedures
It depends on the type of mistake that you made. Many mathematical errors are caught in the processing of the tax return itself. If you did not attach a required schedule the service will contact you and ask for the missing information. If you did not report all your income or did not claim a credit, you are entitled to file an amended or corrected return using Form 1040X (PDF), Amended U.S. Individual Income Tax Return.
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Can I use my Federal extension to extend my Personal Property tax return?

Frequently Asked Questions
No, your extension for your Federal taxes will not be recognized as a valid extension for your County or Inter-County Return of Taxable Business Property.
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What if I plan to but haven't yet filed my federal income tax return yet?

Financial Aid Office - Frequently Asked Questions
The verification process cannot be completed and aid cannot be delivered to the student until the income is verified against the federal income tax return. So, it is crucial that each you the student and parent complete their income tax returns as soon as possible.
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My parents got divorced, but they filed a joint federal tax return. How do I fill out the FAFSA?

FAQ
When completing the FAFSA, only provide income information from the tax return for the parent who qualifies as your responsible parent. No. You must indicate your marital status as of the date you are completing the FAFSA. You cannot update your marital status once you have filed your FAFSA. No. You must report asset information as of the date you sign the original FAFSA. You cannot update your asset information. No.
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What if I cannot find my federal tax return?

IPFW: Paying for College: Frequently Asked Questions (FAQs)
You need to contact your tax preparer for a copy of your returns. If you filed your tax return yourself, you will need to contact the IRS for a line by line transcript of your return (and W2’s if you cannot find your W2’s) at 1-800-829-1040.
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What forms need to be filed to apply for federal tax-exempt status?

Corey & Kime: Business Attorney Washington DC, Commercial Re...
For a nonprofit corporation seeking federal tax-exempt status under Section 501(c)(3), a timely filing of IRS form 1023 must be made. It must be noted that a few groups are NOT required to file form 1023.
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How do I apply for IRS Federal tax exemption as a charitable organization?

Frequently Asked Questions
If you intend to apply for IRS federal tax exemption as a charitable organization, your articles of incorporation must contain a required purposed clause and a dissolution of assets provision. Valuable information on 501(c)(3) qualification is on the IRS website, www.irs.gov. It includes sample articles of the incorporation. Click the "Charities and Nonprofits" link and then the Life Cycle of a Public Charity link.
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How do I correct a tax return I already filed?

Frequently asked questions (FAQ's)
For information on how to modify a tax return that has already been filed, refer to the options below: Regarding a Quebec return filed with the MRQ, you must fill out Form TP-1.R-V, Request for an adjustment to an income tax return and mail it to the MRQ together with documents justifying your request.
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How should I fill out the FAFSA if I have not yet filed a Tax Return?

Aid Programs- Grants & Loans
Ideally, you should complete a FAFSA after you've done your tax return. But DO NOT wait until after April to complete a FAFSA. If your tax returns are not done early, you should estimate as accurately as possible the prior year's income and taxes paid using your W-2s or paystubs. You can always make corrections at a later time.
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STUDENT SERVICES: Financial Aid Department- Commonly Asked F...
Ideally, you should complete a FAFSA after you have filed your (and your family's, if applicable) tax return. If your tax returns are not done early, estimate as accurately as possible the prior year's income and taxes paid using W-2s, paycheck stub, untaxed income statements, etc. You must correct your FAFSA once tax returns have been filed. Failure to make corrections to your FAFSA will cause delays in the processing of your file.
Related Questions

How do I request an extension of time to file my individual income tax return?

Office of Tax and Revenue: FAQs: General Filing
If you require more time to file your return, submit an Extension of Time to File request, Form FR-127, on or before April 15. Any tax due must be paid in full with the request. Penalty and interest will be assessed on any tax outstanding from the time that the return is due until the tax is paid, even though an extension to file is granted. (There is no extension of time to pay.
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When is my tax return due if I file an extension?

Clifford & Associates: Frequently Asked Questions (FAQ)
If you file for an extension the new deadline for your tax return will automatically be October 15. You cannot get an extension of the due date beyond October 15. Even if you file for an extension, your tax payment is still due April 15. It will accrue interest and penalties if not paid by this date.
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Q24.  How does a corporation amend an e-filed tax return?

Archive of e-file for Large and Mid-Size Corporations - Freq...
A24.  Amended returns filed prior to January 8, 2007 will need to be filed following the existing paper process.   Beginning January 8, 2007, taxpayers may use Modernized e-File (MeF) to amend returns for tax years ending on or after December 31, 2005.   
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I have not filed an income tax return for several years. What should I do?

Accounting frequently asked questions
Please come to our office and we can help you organize your records and file any tax return not yet filed for any previous tax year. If you do not have the necessary information, that is, W-2, 1099, 1098, etc., to prepare any tax return, we can help you obtain those records from the IRS.
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When is the soft drink tax return due to be filed ?

faqsoftdrink
Distributors, wholesale, and retail dealers licensed under this section shall file the reports with the [department] as may be required not later than the twentieth day of each month showing transactions for the preceding month. Any person who fails to file the required reports must be penalized not less than twenty dollars nor more than one hundred dollars, to be assessed and collected in the same manner as other taxes are assessed and collected.
Related Questions

Can the IRS audit me on every tax return I ever filed?

Total Tax Solutions - FAQ's regarding Tax Audits, Tax Paymen...
No. The statute of limitations to examine a tax return is three years from the date the return was filed, or the date the return was due (whichever is later). If you normally file on time (April 15th) then a tax return for 1995 filed on April 15th 1996 cannot be examined after April 15th 1999. However, if you filed your 1995 return on January 3rd 1997, the statute will not run out until January 3rd 2000 (three years from date of filing).
Related Questions

When is the Ohio estate tax return filed?

qa
For dates of death on or prior to December 31, 1999 the return is due nine months from the date of death. For dates of death on or after January 1, 2000, the tax commissioner has authorized an automatic six-month extension of time to file the Ohio estate tax return. This permits estates with a date of death on or after January 1, 2000 to have a total of 15 months to file the return.
Related Questions

What can I do if I think someone has filed a tax return using my social security number?

Frequently Asked Questions - 1. IRS Procedures
The IRS has security measures in place to verify the accuracy of tax returns and the validity of social security numbers submitted. However, if you receive a notice from IRS that leads you to believe someone may have used your social security number fraudulently, please notify IRS immediately by responding to the name and number printed on the notice or letter.
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I have not filed my business tax return for several years. What should I do?

Accounting frequently asked questions
Please come to our office and we can help you organize your records and file any business tax return not yet filed for any previous tax year. If you do not have the necessary information we can help you obtain those records.
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What do I do if I previously filed a return with another tax collector?

Failure To File Final Return
Please send a copy of your tax return with W 2 Form(s) and schedules attached that were filed with the other tax collector along with the Failure to File notice to: Berkheimer Tax Administrator PO Box 913 Bangor, Pa. 18013-0913
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